Founded in 2003, Hony Capital is a China-focused middle-market private equity firm which is sponsored by Legend Holdings, employing a “value creation” investment philosophy to increase the financial performance and value of its portfolio companies. With over USD 6.8 billion in assets under management across 7 funds, Hony Capital primarily focuses on construction materials, pharmaceuticals and healthcare, construction machinery, consumer & retails industries, media & entertainment, financial services, and energy & resources.